Loading ...“Favorite Five”
I have posted about the “Terrific Ten” gold and silver explorers and juniors for about a year. Despite the one year correction and with two to three down substantially this year, most are either starting to breakout or close to doing so. At this time I am introducing my “Favorite Five” Silver plays.(two are from the Terrific Ten) A portfolio of Blackrock Silver(BKRRF), Viscount Mining(VLMGF), Hecla Mining(HL), MAG Silver(MAG) and Sprott Physical Silver Trust(PSLV) should provide good diversification and significant upside potential.
Thanks CM…
As I said yesterday in my post about gold and silver, gold should find resistance between 1808-1815, but wasn’t yet sure about silver. Now I’m sure that not only was the bottom in silver that Monday two weeks ago but last week’s action where silver corrected for the last 4 days of the week while gold was showing strength confirms Silver is going higher from here. Yesterday, was the confirmation and today shows it isn’t going to have any short term pullbacks until it reaches higher levels. Bottom line the Favorite Five are all buys right here. Instead of the miners leading the metal, the metal is leading the miners, at least at this very beginning. I don’t expect that to be the case for long. The miners should kick in soon.